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Income (Loss) per Share (Tables)
9 Months Ended
Sep. 30, 2020
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Income (Loss) Per Share The following table sets forth the computation of basic and diluted income (loss) per share (in thousands, except per share amounts):
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2020
 
2019
 
2020
 
2019
Net income (loss)
$
(14,271
)
 
$
(83,891
)
 
$
(277,168
)
 
$
5,370

Less: Undistributed income allocated to participating securities (1)

 

 

 
59

Net income (loss) attributable to common stockholders
(14,271
)
 
(83,891
)
 
(277,168
)
 
5,311

Plus: Net income effect of convertible securities

 

 

 

Numerator for diluted income (loss) per common share
$
(14,271
)
 
$
(83,891
)
 
$
(277,168
)
 
$
5,311

 
 
 
 
 
 
 
 
Basic weighted-average common stock shares outstanding
53,374

 
50,942

 
53,265

 
49,973

Plus: dilutive effects of common stock equivalents (2)

 

 

 
98

Diluted weighted-average common stock shares outstanding
53,374

 
50,942

 
53,265

 
50,071

 
 
 
 
 
 
 
 
Basic income (loss) per common share
$
(0.27
)
 
$
(1.65
)
 
$
(5.20
)
 
$
0.11

Diluted income (loss) per common share
$
(0.27
)
 
$
(1.65
)
 
$
(5.20
)
 
$
0.11

________________________________________________________
(1)
Participating securities include restricted stock that had been issued but had not yet vested during the three and nine months ended September 30, 2019. These participating securities were fully vested as of December 31, 2019.
(2)
Entities with a net loss from continuing operations are prohibited from including potential common shares in the computation of diluted per share amounts. We have utilized the basic shares outstanding to calculate both basic and diluted loss per common share for the three and nine months ended September 30, 2020 and the three months September 30, 2019.